Seer Board Special Committee Rejects CEO Farokhzad's $2.45/Share Buyout Bid

Seer, Inc.

Special Committee unanimously rejects unsolicited proposal from CEO Omid Farokhzad to acquire all shares for $2.45/share cash plus two CVRs.
Proposal received July 1, 2026; committee determined it undervalues Seer and fails to reflect long-term growth prospects.
Special Committee consists of independent directors Meeta Gulyani and Nicolas Roelofs, Ph.D.; they consulted independent advisors.
Contingent value rights were deemed insufficient to fully value Seer's technology and growth potential.

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